Appointment and powers of the Ombudsman Dispute Settlement Mechanisms Time for determination of disputes Compliance and Enforcement of Awards 1.0 Introduction: The Tanzania insurance sector has been growing steadily in recent years. According to the Tanzania Insurance Report, 2016 issued by the Business Monitor International Limited, there will be a growth in insurance premiums […]
VERIFICATION OF COMPANY REGISTRATION STATUS WHEN DEALING WITH GOVERNMENT AGENCIES
In Brief: The general public and government agencies are urged to conduct due diligence on registration status of companies before entering into any business transaction with any Company. Compliance: Verification of legal status of Companies for business transactions. Content of the Notice The general public, local government, ministries and government agencieshave been put on notice […]
UPDATES ON RESIDENCE PERMIT APPLICATION REQUIREMENTS IN TANZANIA
The Additional requirements for Residence permits Class A and B Uncodified requirements are largely practical on the ground and not 1.0 Introduction: Recently, the office of the Commissioner-General, Ministry of Home Affairs Immigration Department, Tanzania, introduced some new developments regarding Class A and B residence permit applications. The new developments are introduced following the taking […]
THE BANK OF TANZANIA ISSUES NEW DIRECTIVES FOR LICENSING AND OPERATIONS OF BUREAUX DE CHANGE IN TANZANIA
In Brief Time frame: Three (3) months grace period. Compliance: cessation of new registration, re-licensing and assessment of bureaux de change. Reference: Government Notice No. 223 of 2nd June, 2017 Content of the order The Bank of Tanzania (BOT)through its letter referenced FB.69/256/01 dated 21st June, 2017 has issued directivesrelated to operations of Bureaux de […]
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